May 3, 2013

The butchers bill comes due

From the Beeb:
Trillion-euro shortfall facing EU energy sector - Lords Committee
Investment totalling a trillion euros (�846bn) is required before the end of this decade if the European Union is to stave off an energy crisis.

That is the conclusion of an eight-month inquiry by the House of Lords into the EU power sector.
A green dollar is a wasted dollar -- had they put their energy into nuclear (LFTR) they would be net energy exporters for the same amount of money. A bit more:
In addition, it says there needs to be greater support for Europe's Emissions Trading System (ETS).
Trading systems that do not work? What is carbon trading at these days? Zero. The Chicago Climate Exchange folded. Nuke. Now. Posted by DaveH at May 3, 2013 5:08 PM
Comments
Post a comment









Remember personal info?